Today At A Glance:

The S&P 500 notched a fresh record close while the Dow and Nasdaq edged higher as investors braced for Nvidia’s post-close earnings—seen as the week’s key AI litmus test. With Nvidia now roughly 8% of the S&P 500, its results loomed large; breadth improved with 8 of 11 sectors up, led by Energy. MongoDB rocketed after raising guidance and Kohl’s surged on strong results, helping tech and retail. On the downside, J.M. Smucker slid after a profit miss (and coffee/tariff pressures), while Krispy Kreme fell on a downgrade; Paramount Skydance weakened after fresh analyst pressure. Treasury yields eased and traders kept odds high for a September rate cut, as NY Fed’s John Williams said cuts depend on incoming data.

Today’s Index Performance

• Dow Jones Industrial Average (^DJI) – The Dow opened at 45,417.46 and closed at 45,565.23, a +0.32% gain.
• S&P 500 (^GSPC) – The S&P opened at 6,462.26 and closed at 6,481.40, up +0.24% (a record close).
• Nasdaq Composite – The Nasdaq opened at 21,526.33 and closed at 21,590.14, up +0.21%.

Gainers Of Note

• MongoDB (NASDAQ: MDB) – Cloud database software; soared ~38% after raising its annual profit forecast.
• Kohl’s (NYSE: KSS) – Department-store retailer; jumped ~21% on stronger-than-expected earnings and a raised outlook.
• nCino (NASDAQ: NCNO) – Bank-software platform; rallied ~17% following an earnings beat.

Losers Of Note

• J.M. Smucker (NYSE: SJM) – Packaged foods/coffee; fell ~4–7% after missing profit estimates, with higher coffee costs and tariffs cited as headwinds.
• Paramount Skydance (NASDAQ: PSKY) – Media conglomerate; declined ~6–7% amid fresh analyst pressure and a lowered price target.
• Krispy Kreme (NASDAQ: DNUT) – Doughnut chain; slid ~3–7% following a JPMorgan downgrade that flagged execution risks.

Active Traders Of Note

• Nvidia (NASDAQ: NVDA) – AI/GPU leader; heavy volume as options implied a sizable post-earnings move and the stock wavered into the print.
• HP Inc. (NYSE: HPQ) – PCs/printing; active after beating revenue estimates on AI-PC demand and the Windows 11 cycle.
• Snowflake (NYSE: SNOW) – Data-cloud software; elevated activity after raising its annual product-revenue forecast.

Looking Forward:

Markets now pivot to Nvidia’s guidance and margin trajectory to judge how durable the AI spend cycle is into year-end. A supportive read could extend leadership in chips and cloud software; a miss could spark a quick risk-off rotation into defensives and energy. Beyond earnings, traders will watch Friday’s PCE inflation for confirmation of dovish Fed odds.

Note: The stock performance summaries are based on general trends observed over the past ten trading days and are not indicative of future results.

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